Mike Brandly, Auctioneer
Is accepting sealed bids an auction?
In fact, our topic today is more something Manson talks about within his numerous responsibilities of this three-day seminar. Our...
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Mike Brandly, Auctioneer
Mar 1, 20173 min read
Auctions that are manifestly unreasonable
Auctions have been taking place for over 2,000 years. Auctioneering is often referred to as the second-oldest profession. One could think...
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Mike Brandly, Auctioneer
Feb 24, 20175 min read
Writing auction contracts to educate people?
I was asked just today in a seminar I was teaching what I thought of this phrase … what I thought it meant for auctioneers. I have to...
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Mike Brandly, Auctioneer
Feb 6, 20173 min read
Online bidding goes down
There are likely four parties involved in such situations: (1) the seller, (2) the bidder(s,) (3) the auctioneer & (4) the online...
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Mike Brandly, Auctioneer
Jan 17, 20172 min read
Is bidding at auction a privilege or right?
An auction event essentially invites bidders/buyers to participate by allowing them to contract with the auctioneer/seller. This contract...
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Mike Brandly, Auctioneer
Jan 16, 20173 min read
Name your price … really?
We as auctioneers have two choices when selling anything at auction: Sell it absolute or sell it with reserve. The absolute auction...
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Mike Brandly, Auctioneer
Jan 2, 20173 min read
15 things … a bid calling law primer
However, it seems some auctioneers don’t know much of what legally is going on when they bid call. Here, we present the legal mechanics...
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Mike Brandly, Auctioneer
Dec 27, 20162 min read
“Auction,” “Price,” “Buy” & “Sale”
We have written before about the suggested shifts away from auctioneers using the word “auction” in their advertising. Most notably: The...
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Mike Brandly, Auctioneer
Oct 31, 20162 min read
Hiring an auctioneer without a written contract
“I hired an auctioneer and things didn’t go right … so what can I do? I don’t have a written contract.” Our first question might be,...
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Mike Brandly, Auctioneer
Sep 19, 20162 min read
Absolute but soliciting pre-bids?
Lots of auctioneers recently have been discussing (and sharing) an article exploring why “Wealthy people” choose to sell their...
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Mike Brandly, Auctioneer
Aug 22, 20162 min read
The issue with secret reserves
What is a secret reserve? It’s the number the seller believes he or she needs in order to sell the property — and that number is kept...
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![Auction after [no] sale](https://static.wixstatic.com/media/69aad9_d2242ccb826d4fe6a631c6386a508a06~mv2.jpg/v1/fill/w_1699,h_1276,fp_0.50_0.50,q_90,enc_auto/69aad9_d2242ccb826d4fe6a631c6386a508a06~mv2.jpg)
Mike Brandly, Auctioneer
Aug 15, 20162 min read
Auction after [no] sale
If I understand it, “If it doesn’t sell at auction, then we’ll try to sell it at auction?” I think that’s how I read it … A certain...
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Mike Brandly, Auctioneer
Jul 15, 20162 min read
“As-is” it is represented?
But in reality, despite this disclaimer, the more accurate phrase might be, “You’re buying today as-is as I describe the lots for sale.”...
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Mike Brandly, Auctioneer
Jun 28, 20162 min read
Does a bid number grant the right to bid?
There was a large crowd in attendance. People just parked, walked up to the auction area, and started bidding. No registration; no...
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Mike Brandly, Auctioneer
Jun 13, 20163 min read
Can auctioneer take seller bid unknowingly?
Today, we look at paragraph four. In this paragraph, the law states basically that there is buyer recourse (remedy) if the seller bids...
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Mike Brandly, Auctioneer
May 19, 20162 min read
Auctions with “market support”
What’s the value of a yearling beef calf selling in the Yoder Livestock auction on Tuesday? One might argue that the aforementioned...
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Mike Brandly, Auctioneer
Apr 15, 20162 min read
What did your attorney say?
We help attorneys with appraising and selling assets held in estates, guardianships, bankruptcies and other similar situations. We assist...
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Mike Brandly, Auctioneer
Feb 17, 20161 min read
Seller and buyer identity at auction
And lots of discussion lately about buyers wanting / deserving seller information from property purchased at auction. While a state (such...
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Mike Brandly, Auctioneer
Feb 2, 20162 min read
Nobody bids just once …
This was no doubt in regard to a live auction where an auctioneer can assume nobody bids just once. In other words, if he bids $5,000,...
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Mike Brandly, Auctioneer
Jan 5, 20162 min read
J. Stephen Proffitt III, Esq.
J. Stephen Proffitt III, Esq. (known by most as “Steve Proffitt”) was a well-known attorney and auctioneer. He had a remarkable impact on...
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